How do late payments affect your CIBIL score? MintGenie explains

Making payments beyond the due date indicates to lenders that you may be a higher credit risk because you have not been able to meet your financial obligations on time.

Disclaimer : Mytimesnow (MTN) lets you explore worldwide viral news just by analyzing social media trends. Tap read more at source for full news. The inclusion of any links does not necessarily imply any endorsement of the views expressed within them.